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Does Steve Jobs Have Nine Lives?

Although I have ruthlessly defended new media’s potential for legitimacy as a news source, nobody said citizen journalism was a flawless concept. Today a story was posted at iReport.com claiming that Apple CEO Steve Jobs had suffered a severe heart attack. He did not.

CNN Picks Up iReport.com
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Perhaps we’re just happy it’s Friday, but this sounds like good news all around: CNN has bought the domain iReport.com for $750,000.